Latest from Coffee House

Latest from Coffee House

All the latest analysis of the day's news and stories

James Forsyth

George Osborne to Tory MPs: I hear you on fuel duty

George Osborne spent an hour in front of the 1922 this evening. 40 Tory MPs took the opportunity to promote their own Budget ideas to him. From what I understand, the tone of the meeting was cordial with Osborne in relaxed form. A big theme was the cost of living with three MPs including Rob

Lloyd Evans

PMQs sketch: Miliband has ‘one of those days’

What a strange PMQs. The house seemed half empty. The tug of elsewhere dominated proceedings. Richard Drax asked the prime minister if ‘prospective members of parliament’ should ever speak in support of terrorism.  David Cameron took this cue to rebuke John O’Farrell. Labour’s candidate at Eastleigh has admitted to feeling ‘a surge of excitement’ when

Jack Straw’s parting gift

Jack Straw cropped up in the Telegraph yesterday claiming that even if Iran does acquire nuclear weapons it wouldn’t be worth going to war over. This, it will be remembered, is the same man who as Foreign Secretary argued for full-scale military intervention in Iraq to disarm that country of Weapons of Mass Destruction which

The Bank of England panics and misses the point

Wonders never cease. I awoke this morning to hear that the Deputy Governor, Paul Tucker, had announced that consideration should be given to the Bank of England setting negative interest rates. Whatever next? Anyone who had seen our current fiscal and monetary predicament, outlined in detail in my Centre for Policy Studies report today, is

James Forsyth

David Cameron sails through what should have been a difficult PMQs

Today’s PMQs should have been a tricky one for David Cameron. Ed Miliband had the ratings downgrade with which to attack the Prime Minister. But Cameron sailed through the questions about the loss of the triple A rating. Following George Osborne’s lead from Monday, he mocked Labour for its ‘policy to address excessive borrowing by

Isabel Hardman

Exclusive: Lord Rennard’s behaviour concerned Lib Dem staff in 2011

The Lib Dems say Danny Alexander spoke to Lord Rennard when ‘indirect and non-specific concerns’ about inappropriate behaviour reached Nick Clegg’s office in 2008. But the alleged behaviour continued after that, too, I have learned. A well-placed source tells me that long after that 2008 conversation with Alexander in which the then chief executive was told

Isabel Hardman

In praise of self-appointed detectives

So Nick Clegg is annoyed with those ‘self-appointed detectives’ who are ‘trying to piece together events that happened many years ago’ on the Lord Rennard allegations. It’s not a surprise, really, that the Lib Dem leader is annoyed with journalists at the moment: after all, if it hadn’t been for Cathy Newman’s report last week,

The government must cut or even scrap capital gains tax

When economists get things wrong– something rather easy, given the nature of their subject – they should admit that they got them wrong. Well, the Adam Smith Institute got it wrong. Two years ago we predicted that, if Vince Cable got his way and capital gains tax rates were increased to match income tax rates

Alex Massie

Small By-Election in Hampshire; Not Many Dead

By-elections are catnip for the media. But they are also, almost invariably, subject to greater scrutiny than they can reasonably bear. Only occasionally do they herald a new era or political realignment. Eastleigh is unlikely to prove an exception to that general rule. True, as Brother Payne suggests, Labour’s likely dismal showing may demonstrate that

Italian elections: ‘The worst possible outcome’

Forget Moody’s. If you want to see market panic, just look at Italy. As Isabel reported this morning, the unexpectedly strong performance of Beppe Grillo’s anti-establishment party, the Five Star Movement, has produced an extremely close election result, and no clear winner. While the electoral system guarantees a majority in the Chamber of Deputies for

Crisis handling the Lib Dem way

For the Liberal Democrats, the Rennard affair was bad enough, particularly blowing up in the middle of the Eastleigh by-election; the way it has so far been handled from a crisis management point of view has made it a lot worse. The problem for the party is that prevarication, twisting in the wind and changes

Alex Massie

Are British Doctors Paid Too Much?

I knew that British doctors are well-paid but unti I saw, via Kevin Drum, this chart I had no idea they were so much better-paid than most of their peers in the western world.  This is culled from a 2004 OECD report (Pdf) and all figures are in PPP-adjusted dollars. Of course, doctors received significant

Steerpike

Oona King’s return to the spotlight

The Lords’ terrace was transformed into a theatre yesterday evening to stage an adaptation of Blair Babe Oona King’s House Music diaries, which recount her career as MP for Bethnal Green and Bow between 1997 and 2005. Many of New Labour’s faded hopes, like Ruth Kelly, turned up to roll back the years and remember the

Labour are the real losers in Eastleigh

The Lib Dems are still on course to hold Eastleigh. Despite the loss of Britain’s AAA credit rating and the unfurling Rennard scandal, Lord Ashcroft’s latest poll today puts their candidate Mike Thornton on 33 per cent. Tory candidate Maria Hutchings is lagging five points behind on 28 per cent while Ukip are a little further behind

Isabel Hardman

Weary Italian voters can teach UK politicians lessons

Italian voters are clearly cheesed off: with the Establishment, and with the country’s austerity programme. The explosion onto the scene of Beppe Grillo – which Freddy examined in his post from Rome on Sunday – shows quite how cheesed off they are, and it also has wider lessons for the eurozone and for UK politics,

Cardinal Keith O’Brien’s prayers

As the late Christopher Hitchens used to say of the most vociferous, gay-obsessed clergy: ‘I have a rule of thumb for such clerics and have never known it to fail: Set your watch and sit back, and pretty soon they will be found sprawling lustily on the floor of the men’s room.’ In Cardinal Keith

Camilla Swift

Lord Rennard allegations: A timeline

As the allegations against Lord Rennard continue to emerge – and confusion continues over who knew what, and when, here is a timeline of the allegations, according to The Telegraph’s correspondence from 2010, and Cathy Newman’s Channel 4 News report from the 21st February 2013. 2003 Bridget Harris, who left her position as Clegg’s Spad

James Forsyth

Could Eastleigh go the way of Cleggmania?

The Liberal Democrats have a different relationship to the popular press than the other two main parties, both more afraid and more contemptuous. This I suspect contributed to the slightly unwise tone of Nick Clegg’s statement last night. His declaration that ‘I will not stand by and allow my party to be subject to a

Steerpike

What Pippa did next

It seems that Pippa Middleton has developed a taste for column writing. After an excellent outing in this magazine’s Christmas double issue, the world’s most famous younger sister has signed up for Waitrose’s inhouse food periodical. ‘Pippa’s Friday Night Feasts’ will begin in April’s edition of Waitrose Kitchen magazine. The column will make up for

Isabel Hardman

Will the UK keep its AA1 rating until 2015?

Labour has been granted an urgent question in the Commons on the loss of the AAA credit rating this afternoon, and we can expect George Osborne to reiterate his comments over the weekend that this downgrade was a ‘clear message that Britain cannot let up in dealing with its debts’. But will he suggest that

Alex Massie

Brave, the Oscars and the Scottish Cringe.

Hurrah for Brave, the little movie that could! And did! All Scotland salutes her Oscar for Best Animated Feature. Another triumph for the plucky underdogs at Disney-Pixar. That, at any rate, is the Scottish government’s view. This “Scottish film” (according to the SNP’s official twitter feed) is another example of Caledonian excellence. Only pedants and churls

Rod Liddle

Strange things a’happening in Eastleigh

Apologies for my absence – had a week’s holiday, somewhere distant from thunderstorms and snow. Coming back last night on an Oman Airlines flight, in cattle class, the air stewardess trolley babe asked me which of the two set hot meals of stewed shit I would prefer. I told her that I didn’t really fancy

Markets shrug off Britain’s downgrade

It seems that Moody’s downgrade of UK government bonds on Friday night has — so far — had more effect on the headlines than the markets. After the news on Friday night, the pound fell by about a cent against the dollar, from $1.525 to $1.515. And against the euro it fell from €1.157 to

Isabel Hardman

Lord Rennard: The key questions

As James observed last night, Nick Clegg’s statement on the Rennard allegations raised more questions than it answered. Lord Rennard continues to strenuously deny the claims of sexual harassment made on Channel 4 News last week and in other reports since. But the problem is that when allegations were being made and rumours were circulating,